Green Recovery

QCOM Win on 20K Challenge

Tuesday opened with QCOM rising and crossing RSI 50 for my exit signal. I closed that position with a $191.75 profit, offsetting the rest of the loss from yesterday. For this trade, the entry and exits were both clean and followed all of the rules. I’m slowly working my way back up to the target for the next phase of this challenge.

No Positions Today

I did not see any valid positions today. There was one setup I was watching all day, but it never gave a valid signal for entry. There are several more positions I am watching for entry over the next few days. I’m not going to bend my rules or force trades.

The 100K Challenge

PG and DG on the 100K are both still red, but improving from yesterday’s downward gap. DG looks to be forming a double bottom pattern, which is a good sign. PG is still below the entry price, but has been moving up. I’m going to keep watching.

Forex on the 5ers

The 5ers Bootcamp account also had a good day today. I currently have 3 positions open, all with clean entries. 2 are green and 1 is red so far. Each position was for 0.5% risk and entered according to the rules. I will see how these turn out.